Pageviews past week

Monday, July 25, 2011

What the Debt Talks have taught us.


If these debt talks have taught us anything, its that Democrats can’t accept Republican austerity, and Republicans can’t accept revenue increases to match spending cuts. One would think the best compromise would be that Democrats give some cuts, while Republicans accept some revenue increases. According to Politico, Senate Majority Harry Reid (D-NV) put the Democrats debt proposal forward today; offering 2.7 trillion in spending cuts, increasing the debt ceiling through 2012, and no revenue increases at this time. Let me repeat that, no revenue increases, a huge concession to the Republicans. It’s a compromise that both Democrats and Republicans bases can accept. However, Republicans don’t want long-term success, they want a short-term victory and then rehash this argument during the election season. Leading us more and more to wonder, is their any deal that Republicans can, or will accept. Donald Trump, presidential jokeful, took his time to make a pitch, stating that the Republicans should not make any deal with Obama, unless they get 100% of what they want. Going further by stating; refusing to make a deal will ensure Obama is not reelected. In effect, destroying the American economy, as a political ploy which would be criminal, to say the least. Let’s hope compromise prevails, compromise is the only entity that allows our form of government to survive. Anything but compromise is unimaginable to the prosperity of the American people.

No comments:

Post a Comment